Answer:
$15400
Step-by-step explanation:
Principle amount, P = $14000
Time, T = 1 year
Rate of interest, R = 10%
We know that maturity amount,
where n is number of years
The maturity amount is $15400
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1 answer:
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Answer:
y = 5x + 3
Step-by-step explanation:
The equation of a line in slope- intercept form is
y = mx + c ( m is the slope and c the y- intercept )
To calculate m use the slope formula
m = (y₂ - y₁ ) / (x₂ - x₁ )
with (x₁, y₁ ) = (0, 3) and (x₂, y₂ ) = (1, 8)
m = = 5
Note the line crosses the y- axis at (0, 3) ⇒ c = 3
y = 5x + 3 ← equation in slope- intercept form